Question

1. what is meant by the term

obo - advisor?\
a. an app that you download and access from your smart device to manage your investments
b. a robot artificial intelligence who is trained to run an investment brokerage better than humans
c. a set of computer programs that automatically makes adjustments to finance portfolios
d. a fund manager who copies the same investments with every client so often it seems robotic

Explanation:

A robo - advisor is a digital platform that uses algorithms (computer programs) to provide financial advice or manage investment portfolios automatically. Option a describes an investment - managing app but not the core of a robo - advisor which is about automated portfolio adjustment. Option b is incorrect as it's not a robot in the physical sense but software. Option d is about a fund manager with a robotic - like investment approach which is not what a robo - advisor is. Option c correctly defines a robo - advisor as a set of computer programs for automatic finance portfolio adjustments.

Answer:

c. A set of computer programs that automatically makes adjustments to finance portfolios